UCO Bank reported an approximately 8% year

UCOBANK UCO Bank – Fundamental Update: UCO Bank reported an approximately 8% year-on-year increase in net profit to ₹656 crore in Q1 FY27, while net interest income (NII) rose around 17% to ₹2,808 crore, indicating healthy growth in its core banking business. Net interest margin (NIM) improved to 3.24%, gross NPA declined to 2.08%, and net NPA stood at just 0.25%, reflecting improving asset quality. The bank also recorded strong growth in agriculture and MSME lending, while domestic deposits increased 16.42% year-on-year. These factors are broadly positive for its fundamental outlook; however, investors should monitor deposit growth, lending margins, credit costs and upcoming quarterly results.